Billington Holdings plc (AIM: BILN), one of the UK’s leading structural steel and construction safety solutions specialists, is pleased to announce that the Group has recently been awarded 6 new contracts with a combined value of circa £90 million.
Billington has secured the largest single contract in its trading history to achieve its largest order book to date, materially ahead of the previous record of Q1, 2023. The contract wins span over a variety of sectors including power generation, manufacturing and retail logistics and will be delivered nationally over the next 24 months.
Mark Smith, Chief Executive Officer of Billington, commented: “The award of these significant contracts is great news for Billington. They are a testament to our Group offering in a challenging trading environment and demonstrates that Billington is a steelwork contractor of choice. The Group currently has a record orderbook and these contracts provide further confidence that Billington will continue to perform well in 2024 and into 2025 further underpinning current market expectations. I look forward to providing further updates at the time of the release of the Group’s results for the year ended 31 December 2023 in April 2024.”
For further information please contact:
Billington Holdings Plc
Mark Smith, Chief Executive Officer
Trevor Taylor, Chief Financial Officer
Tel: 01226 340 666
Cavendish Capital Markets Ltd – Nomad and Broker
Ed Frisby / Charlie Beeson – Corporate Finance
Andrew Burdis – ECM
Tel: 020 7220 0500
IFC Advisory Limited
Tim Metcalfe
Graham Herring
Zach Cohen
Tel: 020 3934 6630
billington@investor-focus.co.uk
About Billington Holdings plc
Billington Holdings plc (AIM: BILN), one of the UK’s leading structural steel and construction safety solutions specialists, is a UK based Group of companies focused on structural steel and engineering activities throughout the UK and European markets. Group companies pride themselves on the provision of high technical and professional standards of service to niche markets with emphasis on building strong, trusted and long-standing partnerships with all of our clients. billington-holdings.plc.uk
